China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

WattHub Opens Second Fast Charging Plaza in Rotterdam

WattHub Opens Second Fast Charging Plaza in Rotterdam

CMA CGM Resumes Food Cargo Trade with Russia

CMA CGM Resumes Food Cargo Trade with Russia

STI, Frutas de Chile Launch Cherry Season with Largest Number of Direct Shipments to Asia

STI, Frutas de Chile Launch Cherry Season with Largest Number of Direct Shipments to Asia

Diesel-Electric Vessel MV Vertom Quina Launched

Diesel-Electric Vessel MV Vertom Quina Launched

Subscribe for Maritime Logistics Professional E‑News

CMA CGM, the shipping giant, resumes Russia trade by bringing in food cargo
US warns airlines about potential dangers when flying over Venezuela
Sources: US threatens to cut off intel and weapons to force Ukraine into peace agreement